The Nigerian National Petroleum Corporation has announced the discovery of oil in the north-eastern part of the country.
Acting group general manager,group public affairs division of the corporation, Samson Makoji, announced this in a statement on Friday.
He said the discovery of oil and gas in commercial quantity in the Gongola Basin will “attract foreign investment, generate employment for people to earn income and increase government revenues”.
Mr Makoji said NNPC has deployed world-class cutting-edge technologies to de-risk exploration in the frontier basins, adding that the corporation plans to drill additional wells for full evaluation of the hydrocarbon volume in the Gongola Basin.
